May 17, 2023
By: BI India BureauTata Motors not only reported a better-than-expected Q4 earnings but also crossed ₹1 lakh crore revenue mark. Its total revenue from operations grew 35 percent on year ₹1.06 lakh crore in the March quarter. It also became the first Tata group company with more than ₹1 trillion quarterly revenue.
Credit: Tata-Motors
Tata Motors reported a net profit of ₹5,408 crore in Q4, which is also its second consecutive profitable quarter, after posting losses for seven consecutive quarters since Q4 FY21. The profit this quarter is driven by growth in domestic sales and improved performance of its British subsidiary Jaguar Land Rover.
Credit: BCCL
There are seven other companies which generate more than ₹1 lakh crore quarterly revenue in India. Out of which, five are state owned companies.
Credit: Canva
In the March quarter, the oil refining major reported a 10 percent on-year growth in its revenue from operations to ₹2.3 lakh crore from ₹2.09 lakh crore in the same quarter previous year.
Credit: Indian-Oil-Corporation
The Mukesh Ambani-led company’s total revenue in March quarter rose 2 percent on-year to ₹2.16 lakh crore beating analyst estimates.
Credit: Reliance-Industries
The insurance behemoth will declare its March quarter results on May 24. In the December quarter, its revenue rose 13 percent on-year to ₹1.96 lakh crore.
Credit: LIC
The oil producer is yet to come up with its March quarter earnings. In the December quarter, its revenue from operations grew 16 percent on-year to ₹1.69 lakh crore.
Credit: ONGC
The oil refiner is yet to announce its Q4 results. In the December quarter, its revenue from operations rose 13 percent on-year to ₹1.33 lakh crore from ₹1.17 lakh crore last year.
Credit: BPCL
The oil refiner has reported 9 percent growth in its revenue from operations for March quarter to₹1.14 lakh crore from ₹1.05 lakh crore during the same period last year.
Credit: HPCL